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Feb 21, 2013
02/13
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. >>> facebook and google teaming up to help you live a little longer. >> they are giving millions of dollars to scientists who are working on cures for diseases and extending life. >> i think that our society needs more heroes who are scientists and researchers and engineers. and you guys are doing all the amazing work. and the thing that we can do from the sidelines is build institutions that celebrate and reward and recognize all of the real work that you guys are doing. >> other sponsors include google cofounder sergey brin and apple's art levinson. so far the group has raised over $30 million for what is called the breakthrough prize. >>> a michigan woman wants to be honest about her age but facebook just won't let her. and her name is marguerite. there she is. she is legally blind. she is 104 years old. but she has a facebook account. why not? every day her granddaughter updates the facebook account for her except she cannot update her grandmother's age. >> i would like it say she is 104 on facebook and april 19th in a couple of months she is going to be 105 years old. >> well,
. >>> facebook and google teaming up to help you live a little longer. >> they are giving millions of dollars to scientists who are working on cures for diseases and extending life. >> i think that our society needs more heroes who are scientists and researchers and engineers. and you guys are doing all the amazing work. and the thing that we can do from the sidelines is build institutions that celebrate and reward and recognize all of the real work that you guys are doing....
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Feb 20, 2013
02/13
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equities research and says google has few peers when it comes to innovation. >> google has been doing phenomenally well when it comes to innovation. they are thinking big and bold. and they are thinking broad. those are the key recipes for success. >> reporter: they are dominant in digital ad revenue making mon in i with ads that run next to search computer -- making money with ads that run next to search queries. google makes money with the sponsored results that come up first in queries. >> google is showing that as long as you invest in your business, keep your ideas fresh, think very aggressively, and execute without patience you will do very well. >> reporter: today's milestone comes more than five years after google's stock first broke the $700 mark and some say it's a testament to the leadership of google cofounder larry page who took over the ceo title in april of 2011. as for the future? >> we'll continue to work for them unless the government takes their near monopoly power and crosses over things into a monopoly. both the european union and u.s. are looking at that now and
equities research and says google has few peers when it comes to innovation. >> google has been doing phenomenally well when it comes to innovation. they are thinking big and bold. and they are thinking broad. those are the key recipes for success. >> reporter: they are dominant in digital ad revenue making mon in i with ads that run next to search computer -- making money with ads that run next to search queries. google makes money with the sponsored results that come up first in...
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Feb 20, 2013
02/13
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. >>> google stock reaches a new milestone. let's check the latest numbers with kcbs radio's financial reporter jason brooks. well over 800. >> that's right. >> reporter: google topping $800 for the first time yesterday. stock is really on a tear over the past six months. gaining $200. you can chalk it up to android becoming the dominating system for mobile devices overseas and google dominating and searching's display advertising. stocks starting today at just under $807. getting looks at the u.s. economy this morning. new home construction fell to 890,000. however a lot of it came on a drop in apartment construction. single family homes were up slightly and a sign of future activity, building per mitts up 2% from the year -- permits up 2% from the year earlier. >>> the labor department reports the wholesale side of the producer price index was up two-tenths of a percent although it was the first increase since september. you can blame food prices for that. they were up by 7/10ths of a percent. stock market getting off to a fl
. >>> google stock reaches a new milestone. let's check the latest numbers with kcbs radio's financial reporter jason brooks. well over 800. >> that's right. >> reporter: google topping $800 for the first time yesterday. stock is really on a tear over the past six months. gaining $200. you can chalk it up to android becoming the dominating system for mobile devices overseas and google dominating and searching's display advertising. stocks starting today at just under $807....
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Feb 20, 2013
02/13
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google shareholders have some big smiles on their faces today. for the first time, the company's stock meet history when it topped $800 yesterday. the milestone came more than 5 years after google shares initially crossed $700. bp will not have to pay penalties for all of the more than 200 million gallons of oil that spilled into the gulf of mexico back in 2010. the u.s. government agreed not to fine bp for 34 million gallons the company captured before entering the gulf. fines for all the rest of the oil will be in the billions. back to you. >> erica, i like tole not latest fashion but i don't know about the postal service getting into the business. >> reporter: the postal service is putting its stamp on a clothing line. it's called rain, heat and snow. it will include accessories and this is not the first time the post office has gone into the fashion business. in the 1980s it sold neckties and t-shirts with images of postage stamps on them. i guess they are hoping to generate some income there. >> i'm thinking the blue shirt, shorts might work
google shareholders have some big smiles on their faces today. for the first time, the company's stock meet history when it topped $800 yesterday. the milestone came more than 5 years after google shares initially crossed $700. bp will not have to pay penalties for all of the more than 200 million gallons of oil that spilled into the gulf of mexico back in 2010. the u.s. government agreed not to fine bp for 34 million gallons the company captured before entering the gulf. fines for all the rest...
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Feb 19, 2013
02/13
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microsoft is trying to compete with services like google's gmail. its ad campaign is expected to run for they months and cost between 30 to $90 million. >>> last week fidelity investments said that the average 401(k) balance had increased to the highest levels in over a decade. >> and despite the progress we still have a long way to go toward reaching our retirement goals. jill schlesinger, editor at large for cbsmoneywatch.com, is here with the specific steps to help you get there. good morning, jill. >> reporter: good morning. >> okay. so at the end of 2012, the average 401(k) account at fidelity investments was just over $77,000. that's a big improvement from just a few years ago, right? >> oh, it sure is. 1st quarter 2009, the average balance was just $46,200. but you know i'm not just going to tell you the good news. bad news is when we adjust these numbers for inflation, 401(k) balances were hirer were higher than 2000. millions of americans were without work reducing retirement contributions and folks were forced to dip into the savings. >> s
microsoft is trying to compete with services like google's gmail. its ad campaign is expected to run for they months and cost between 30 to $90 million. >>> last week fidelity investments said that the average 401(k) balance had increased to the highest levels in over a decade. >> and despite the progress we still have a long way to go toward reaching our retirement goals. jill schlesinger, editor at large for cbsmoneywatch.com, is here with the specific steps to help you get...
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Feb 21, 2013
02/13
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. >> the new google glasses that allow you to snap photos with a blink of an eye. >>> this guy after being rescued from an avalanche couldn't help but smile. >> the new official white house portrait of first lady michelle obama. >> if we could put eye lashes on you you'd look so sexy. >> it feels so right to me. >> a former senator now admitting he had a secret love child with the daughter of another former senator. >> when did the senate become "the jerry springer show." >> on "cbs this morning." >> a woman called 911 and because she ran out of cigarettes. >> hello? >> hello, i need some cigarettes. >> you don't see me calling 911 because i run out of jokes do you? not anymore, anyway. >>> welcome to "cbs this morning." dangerous storm is threatening more than 30 million people in the midwest. it could be the worst weather to hit the region in two years, already there are near whiteout conditions in colorado one of 18 states under a winter storm warning or advisory. >>> people in kansas are being urged to stay off the roads. state offices have been closed until tomorrow morning. one
. >> the new google glasses that allow you to snap photos with a blink of an eye. >>> this guy after being rescued from an avalanche couldn't help but smile. >> the new official white house portrait of first lady michelle obama. >> if we could put eye lashes on you you'd look so sexy. >> it feels so right to me. >> a former senator now admitting he had a secret love child with the daughter of another former senator. >> when did the senate become...